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The next meeting of the Federal Open Market Committee (FOMC) is scheduled for June 11-12. More Fed officials will not speak until after the meeting.
Federal Reserve Policy on Opacity:
- “The blackout period will begin at 12:00 AM Eastern Time on the second Saturday before the Meeting and end at 11:59 PM Eastern Time on the day following the Meeting.
- For example, if a committee meeting begins on a Tuesday, the blackout period will begin at the beginning of the Saturday ten days prior, and if the meeting ends on a Wednesday, the blackout period will end at the end of Thursday.
The picture tells the story (except it’s in grey!):
This article was written by Eamonn Sheridan at www.forexlive.com.
